Economic activity in the services sector continued to expand in May, say the nation's purchasing and supply executives in the latest ISM® Services PMI® Report. The Services PMI® registered 54.5 percent, the 23rd consecutive month in expansion territory. The report was issued today by Steve Miller, CPSM, CSCP, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In May, the Services PMI® registered 54.5 percent, an increase of 0.9 percentage point compared to April's figure of 53.6 percent. The Business Activity Index remained in expansion territory in May, increasing 1.8 ... (full story)